Broadcasting Road, Wyomissing, PA $30,000, Broadcasting Road Road - Broadcasting Square retail strip

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  • B ro

    ad ca

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    Paper Mill Road

    422

    222

    John P. Morrissey, SIOR 610-265.7700 ext. 124 Direct: 484-370-2638

    jpm@jacksoncross.com

    Paul Rogers 610.265.7700 ext. 168 Direct: 484-370-8004

    progers@jacksoncross.com

    Jackson Cross Partners, LLC 151 S Warner Road, Suite 110 Wayne PA www.JacksonCross.com

    103.77 ACRES of LAND FOR SALE

    Property Highlights ● Zoning PO/B Planned Office/Business

    ● Prime Location for Commercial, “Mixed Use” Development

    ● Township of Spring, Berks County

    ● Located at the intersection of Broadcasting Road and Rt. 222 @ the intersection of Rt. 422

    ● 20 Minutes to I-76 Interchange

    222

    422

    APPLIED KNOWLEDGE IN REAL ESTATE

    Broadcasting Road, Wyomissing, PA $30,000,000

    Broadcasting Square

  • John P. Morrissey, SIOR 610-265.7700 ext. 124 Direct: 484-370-2638

    jpm@jacksoncross.com

    Paul Rogers 610.265.7700 ext. 168 Direct: 484-370-8004

    progers@jacksoncross.com

    Jackson Cross Partners, LLC 151 S Warner Road, Suite 110 Wayne PA www.JacksonCross.com

    103.77 ACRES of LAND FOR SALE

    Land-Use Analysis

    ▪ Neighborhood Commercial – +/- 36 acres

    ▪ Retail - +/- 29.7 Acres 235,000 SF – 330,000 SF

    ▪ Restaurant - 6.3 Acres / Pad, 10,500 SF

    - (3 x 3,500) – 15,000 SF (3 x 5,000)

    ▪ Medical Offices – 27 Acres 240,000 SF

    - 310,000 SF (3-4) 3 Story Buildings

    ▪ Office – 13 Acres,135,000 SF

    - 155,000 SF 2-3 Buildings

    ▪ Hotel – +/- 2.8 Acres, 80 Rooms

    - Alt. Hotel Location - +/- 2.9 Acres, 80 Rooms

    Broadcasting Road, Wyomissing, PA

  • John P. Morrissey, SIOR 610-265.7700 ext. 124 Direct: 484-370-2638

    jpm@jacksoncross.com

    Paul Rogers 610.265.7700 ext. 168 Direct: 484-370-8004

    progers@jacksoncross.com

    Jackson Cross Partners, LLC 151 S Warner Road, Suite 110 Wayne PA www.JacksonCross.com

    Property Highlights

    103.77 Acres of gently rolling land

    Location Highlights

    Strategically located at the intersection of Route 222 & Route 422. Across the highway from Penn State University Berks Campus. Adjacent to Broadcasting Square. Close neighbors to Berkshire Mall, dining and hotels. Access to public transportation

    Access and Frontage

    Access Broadcasting Road, Paper Mill Road Route 222, Broadcasting Road, Paper Mill Road

    Zoning

    Commercial

    Parcel ID

    80439710468758

    Assessment and Taxes

    Assessed Value: $15,345,300 Taxes: Millage 4.01

    Adjacent Properties

    Residential Development

    Across Broadcasting Road Road - Broadcasting Square retail strip center anchored by Target, Weis, Barnes & Noble

    103.77 ACRES of LAND FOR SALE Broadcasting Road, Wyomissing, PA

  • John P. Morrissey, SIOR 610-265.7700 ext. 124 Direct: 484-370-2638

    jpm@jacksoncross.com

    Paul Rogers 610.265.7700 ext. 168 Direct: 484-370-8004

    progers@jacksoncross.com

    Jackson Cross Partners, LLC 151 S Warner Road, Suite 110 Wayne PA www.JacksonCross.com

    Zoning

    Mixed Used Development

    103.77 ACRES of LAND FOR SALE Broadcasting Road, Wyomissing, PA

  • John P. Morrissey, SIOR 610-265.7700 ext. 124 Direct: 484-370-2638

    jpm@jacksoncross.com

    Paul Rogers 610.265.7700 ext. 168 Direct: 484-370-8004

    progers@jacksoncross.com

    Jackson Cross Partners, LLC 151 S Warner Road, Suite 110 Wayne PA www.JacksonCross.com

    Volumes shown are annual average daily

    140 130

    720 150

    150

    240

    860

    860 910

    780

    140

    600

    Traffic Counts Collection Street Cross Street Traffic Vol Year Distance Paper Mill Rd Cromwell Dr SE 19,000 2015 0.10 mi Paper Mill Rd Meridian Blvd NW 19,265 2015 0.36 mi Papermill Rd Meridian Blvd NW 16,966 2011 0.36 mi US Hwy 222 Broadcasting Rd NW 5,472 2012 0.43 mi US Hwy 222 Broadcasting Rd E 2,529 2012 0.47 mi

    Demographics 1 mile 3 mile 5 mile

    Est. Population 3,848 75,586 189,127

    Est. Households 1,619 28,253 70,224

    Est. Avg. HH Income $65250 $44375 $44264

    103.77 ACRES of LAND FOR SALE Broadcasting Road, Wyomissing, PA

  • John P. Morrissey, SIOR 610-265.7700 ext. 124 Direct: 484-370-2638

    jpm@jacksoncross.com

    Paul Rogers 610.265.7700 ext. 168 Direct: 484-370-8004

    progers@jacksoncross.com

    Jackson Cross Partners, LLC 151 S Warner Road, Suite 110 Wayne PA www.JacksonCross.com

    LOCAL INFORMATION

    Neighbors: The property is locatefd between Broadcasting Square, the newest power center the largest Regional Mall. Target Weis Market Barns and Noble Dicks Sporting Goods Uno's Pizza, IHOP

    Wendy's, McDonalds Chick-Fil-A, Arby's Chili's Dress Barn Men's Warehouse

    Smokey Bones Chuckie Cheese WAWA Ross Dress For Less

    Bed, Bath and Beyond Babies-R-Us Petco Panera Bread Duron Paint and Wall

    Utilities - Met Ed, PPL, UGI (YEP Energy, Direct Energy, North American Power)

    Public Transportation - BARTA

    LOCAL INFORMATION

    The property is locatefd between Broadcasting Square, the newest power center and Bershire Mall, the largest regional mall. On the other side Route 222 sits Penn State Universitiy’s Berks campus.

    Home Depot Farmers Market of Wyomissing

    Best Buy Mission BBQ

    CVS Hampton Inn

    McDonalds Chick-Fil-A

    Chili’s Smokey

    BERKSHIRE MALL

    Bon-Ton

    BROADCASTING SQUARE

    Target Weis

    Bed Bath Ross Bob’s

    Spring Ridge

    103.77 ACRES of LAND FOR SALE Broadcasting Road, Wyomissing, PA